Depreciation not claim in indamisable expenses
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
12 September 2011
SIR
WE ARE FILING IT RETURNS ITR IV FOR THE YEAR 2010 MARCH AY 2010-11.FILING DATE 1-9-11.
I AM NOT ENTER DEPRECIATION IN ADD : INADMISSIBLE EXPENSES IN COMPUTATION
BUT
LEES DEDUCTIBLE EXPENSES DEPRECIATION CLAIM.
BUSINESS PROFIT 238035
OTHER INCOME 12035
TOTAL 250070 NOT LESS DEP
LESS DEPRECIATION 27718
TOTAL TAXABLE INCOME 222352
TAX PAID 4140+INTEREST 574 TOTAL 4710
I AM NOT ADD BACK TO INADVISABLE EXPENSES TO BUSINESS INCOME BUT LESS DEPRECIATION.
I CAN REVISED RETURNS THAT AMOUNT 27718 LESS IN BUSINESS INCOME & ADD DEPRECIATION.
CAN IT DEPARTMENT RAISED TAX AMOUNT OF ON 27718 (DEPRECIATION ) AMOUNT TAX RS 3580/-
GIVE SOLUTION
ITR v NOT SEND TO CPC
WE ARE FILING IT RETURNS ITR IV FOR THE YEAR 2010 MARCH AY 2010-11.FILING DATE 1-9-11.
I AM NOT ENTER DEPRECIATION IN ADD : INADMISSIBLE EXPENSES IN COMPUTATION
BUT
LEES DEDUCTIBLE EXPENSES DEPRECIATION CLAIM.
BUSINESS PROFIT 238035
OTHER INCOME 12035
TOTAL 250070 NOT LESS DEP
LESS DEPRECIATION 27718
TOTAL TAXABLE INCOME 222352
TAX PAID 4140+INTEREST 574 TOTAL 4710
I AM NOT ADD BACK TO INADVISABLE EXPENSES TO BUSINESS INCOME BUT LESS DEPRECIATION.
I CAN REVISED RETURNS THAT AMOUNT 27718 LESS IN BUSINESS INCOME & ADD DEPRECIATION.
CAN IT DEPARTMENT RAISED TAX AMOUNT OF ON 27718 (DEPRECIATION ) AMOUNT TAX RS 3580/-
GIVE SOLUTION
ITR v NOT SEND TO CPC
13 September 2011
If you feel that you have committed mistake you can file a revised return
Message likes :
1 times
Querist : Anonymous
Querist :
Anonymous
(Querist)
13 September 2011
sir
that it return i shall revised return
but income can decreased same amount of depreciation
it is acceptable.
that it return i shall revised return
but income can decreased same amount of depreciation
it is acceptable.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- SEC 54 OF IT ACT
- Where to show the RCM on Rent paid to unregistered landlord
- Is Aadhar PAN linking required for opening bank account?
- Form 26QB for TDS on property
- CPC Processing IT Return for AY 2023-24 without recognizing the Taxation Option under New Regime
- DTCP approval
- TDS NUMBER SURRENDER
- Whether still royalty
- REGARDING GST ON COMMERICIAL PROPERTY
- RCM - commercial rent paid to URP under GST
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding Resignation by Auditor from Pvt. Ltd.
- Regarding einvoice taken on nil rated sales
- Strategical investment in Public listed company
Trending Online Classes
-
Excel Mastery Program
CA Rishabh Pugalia
CAclubindia
